163 Mckillop Street, Geelong VIC 3220

Fully renovated city-fringe bungalow | 506sqm land near Geelong CBD | Four-bedroom configuration rare for the street | No overlays limiting future use The property’s primary buying case rests on its rare combination of a full structural renovation,rewired, replumbed, restumped,on a 506sqm block within walking distance of Geelong’s centre. For a buyer seeking a turnkey family house without compromise on land size or location, this eliminates the typical deferred maintenance risk found in period homes. The four-bedroom layout, uncommon on McKillop Street, positions it strongly for families or investors targeting tenants wanting space near schools and the city. The absence of heritage or flood overlays provides flexibility for future additions or subdivision, a structural advantage over comparable period properties. The principal risk is the single bathroom, which may limit appeal for larger families or premium resale despite the renovation quality. Buyers should budget for a second bathroom addition to fully capitalise on the land and bedroom count. The price guide reflects a premium for the renovation finish and location, so a pre-purchase building inspection is essential to confirm work quality given the extent of changes. This property suits a buyer who values immediate occupancy and land upside over cosmetic discount, and should be held for at least five years to absorb the renovation premium and realise subdivision potential